System1 (SST) Change in Receivables (2021 - 2026)

System1 (SST) reported Change in Receivables of -$4.0 million for Q1 2026, down 248.88% on a YoY basis from $2.7 million in Q1 2025, and down 211.01% sequentially from $3.6 million in Q4 2025.

System1 (SST) Change in Receivables (2021 - 2026) Analysis & Trends

System1 (SST) has 6 years of Change in Receivables data on file, last reported at -$4.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables fell 248.88% year-over-year to -$4.0 million; the trailing twelve-month figure through Mar 2026 stood at -$7.8 million (down 186.39% YoY), and the FY2025 full-year result was -$4.9 million, down 172.43% from the prior year.
  • Change in Receivables retreated to -$4.0 million in Q1 2026, from $3.6 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $14.8 million in Q1 2022 to a low of -$15.9 million in Q3 2025.
  • A 5-year average of -$1.6 million and a median of -$3.1 million in 2023 frame the typical range for Change in Receivables.
  • Across the five-year window, Change in Receivables tumbled 341.02% in 2022 and soared 288.88% in 2024, its largest moves.
  • Tracing SST's Change in Receivables over 5 years: stood at $2.1 million in 2022, then sank by 248.5% to -$3.1 million in 2023, then surged by 273.07% to $5.3 million in 2024, then plunged by 31.65% to $3.6 million in 2025, then plunged by 211.01% to -$4.0 million in 2026.
  • Business Quant data shows SST's Change in Receivables at -$4.0 million in Q1 2026, $3.6 million in Q4 2025, and -$15.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 56.46 Mn
2 Rentokil Initial 73.75 Bn 71.25 Bn - -
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - -
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn -67.52 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -44.18 Mn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn -
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 87.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn -7.48 Mn
10 System1 14.56 Mn -61.04 Mn 23.37 Mn -4.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.03 Mn
Mar 31, 2026 -4.03 Mn
Dec 31, 2025 3.63 Mn
Dec 31, 2025 3.63 Mn
Sep 30, 2025 -15.86 Mn
Sep 30, 2025 -15.86 Mn
Jun 30, 2025 8.46 Mn
Jun 30, 2025 8.46 Mn
Mar 31, 2025 -1.16 Mn
Mar 31, 2025 -1.16 Mn
Dec 31, 2024 5.32 Mn
Dec 31, 2024 5.32 Mn
Sep 30, 2024 -4.34 Mn
Sep 30, 2024 -4.34 Mn
Jun 30, 2024 9.21 Mn
Jun 30, 2024 9.21 Mn
Mar 31, 2024 -3.39 Mn
Mar 31, 2024 -3.39 Mn
Dec 31, 2023 -3.07 Mn
Dec 31, 2023 -3.07 Mn